Announcing the sale
last October, former Premier Foods ceo Michael Clarke said: “I’m delighted to have exceeded our disposal target 20 months early, while, at the same time, delivering three successive quarters of sales growth and taking £40M of overhead costs out of the business this year.”

Clarke’s shock resignation
from Premier Foods last month shocked City analysts and send shares in the debt-laden food manufacturer tumbling.

Gavin Darby will take over the role of Premier Foods ceo from today (February 4).

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